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North America Vascular Guidewires Market Research Report – Segmented By Product, Coating Type, End-User and Country (the United States, Canada and Rest of North America) - Industry Size, Share, Trends and Growth Forecast (2023 to 2028)

Published: March, 2023
ID: 6679
Pages: 145
Formats: report pdf report excel report power bi report ppt

North America Vascular Guidewires Market Size (2023 to 2028)

The Vascular Guidewires Market size in North America is projected to rise at a solid CAGR during the forecast period.

The use of guides is essential during an interventional procedure because it assists the clinician and guides a medical device through the patient's anatomy. Therefore, vascular guides are used during various surgical procedures such as placement of angioplasty balloons, angioplasty stents, endovascular aneurysm repair stent grafts, plaque modification devices, hemodynamic flow disturbance devices, and venous filters lower cava.

The growing geriatric population in North America and the increasing prevalence of chronic diseases are attributed to the rising demand for minimally invasive procedures, driving the growth of the vascular guidewires market. Besides, government initiatives such as education and awareness programs increase public awareness of the various options available to treat cardiovascular disorders. The demand for guides is rising due to increased patient awareness of the benefits of minimally invasive procedures, such as reduced traumatic surgical experience, faster recovery, fewer postoperative complications, reduced incisional wounds, and greater patient satisfaction.

Also, the growing acceptance of vascular guides among clinicians increased investment in research and development, and the increasing number of market participants are driving the guide market. The increasing use of guidewires for heart disease diagnosis and intervention is expected to drive vascular guidewires during the forecast period.

The problem of recovering lost guidewires and the risks associated with using vascular guidewires hamper the vascular guidewires market. In complex coronary artery procedures, the vascular guide's excessive flexion results in a high tensile load on the guide, leading to entrapment and fracture of the guide in the patient's vasculature. One of the major problems is the loss of guides during surgeries.

This research report on the North American vascular guidewires market has been segmented and sub-segmented into the following categories.

By Product

  • Coronary Guidewires
  • Peripheral Guidewires

By Coating Type

  • Coated
    • Hydrophobic Coatings
    • Non-Hydrophobic Coatings
  • Non-Coated

By End-User

  • Hospitals
  • Ambulatory Surgical Centers

By Country:

  • The United States
  • Canada
  • Rest of North America

Based on geography, the North America Vascular Guidewires Market led the world, and in that, U.S.A led the region. North America is estimated to continue holding the largest share of the global vascular guides market and is expected to show a similar trend during the forecast period. North America is expected to dominate the neurological guides market regionally. Factors attributed to the region's strong growth are the increasing number of neurological disorders and the rising adoption of minimally invasive surgeries in the region. Over 70 million American citizens suffer from back problems each year. Neurosurgery and cranial surgery are undergoing a paradigm shift. Doctors use endoscopic techniques to visualize and remove lesions previously treated with large open surgeries that increase the demand for guides throughout the area. Additionally, advancements in various surgical devices from key players established in the United States are expected to drive North America's market growth.

Notable manufacturers operating in the North America vascular guidewires market are Abbott Laboratories, Terumo Corporation, B. Braun Melsungen AG, Medtronic plc, Biotronik SE & Co. KG, Cook Medical, Inc., Boston Scientific Corporation, Cardinal Health, Inc., C. R. Bard, Inc., and The Spectranetics Corporation.

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